This Single-Family in Haverhill, MA recently sold for $190,000. This Colonial,Antique style home was sold by Lynn D'Avolio - Century 21 North East.

13 Bellevue Ave,
Haverhill, MA 01832

Zip 01832

Single-Family

$205,000

Price

$190,000

Sale Price

5

Rooms

3

Beds

2

Baths

MOTIVATED! SELLER WILL CONSIDER PRICE REDUCTION FOR CASH OFFER AND QUICK CLOSE! Good first time home purchase! You can own this single family for less than rent in today's market! SPACIOUS! Oversized bedrooms, one full tiled bath on second floor and 3/4 bath on first floor with laundry hookups available! Close to ALL amenities! Shopping! Restaurants! Park! Public Transportation! Medical Facilities and everything you need at your fingertips! Easy access to 495 N and S. UNIQUE original hardwood floors in excellent condition! Property doesn't need much and is in move in condition! Needs your finishing touches! Off street parking for 4 cars! Deck off of kitchen with sun all day! Very small yard, easy to maintain. Can comfortably house 6 people, the price of owning and building equity is MUCH LOWER THAN PAYING RENT for this open concept large 3 bedroom. Full basement clean for storage. NO FHA/VA ! Seller entertaining all reasonable offers would prefer to close quickly.

Town Info

This Multi-Family in Brockton, MA recently sold for $492,350. This style home was sold by Lynn D'Avolio - Century 21 North East.

660 Main St,
Brockton, MA 02301

Multi-Family

$479,900

Price

$492,350

Sale Price

3

Units

2,811

Approx. GLA

Location! Location! This three family property is right in Brockton center. Layout of unit 1 and unit 2 are similar. Each unit offers 3 bedrooms, one bathroom, eat in kitchen and living room. Unit 3 offers one bedroom, one living room and kitchen and one bathroom. Interior of all three units were fully renovated in 2011, roof 2011, sprinkler system 2011. Don’t miss this fantastic investment opportunity.

Town Info

This Single-Family in Watertown, MA recently sold for $450,000. This Bungalow style home was sold by Lynn D'Avolio - Century 21 North East.

35 Purvis St,
Watertown, MA 02472

Single-Family

$450,000

Price

$450,000

Sale Price

6

Rooms

3

Beds

2

Baths

Quaint bungalow on tree lined street a short distance to public transportation. 1 floor master bedroom with full bath, updated heating system (2016) & electric service. 2 garage parking spaces. Will take some work to bring this classic New England home back to life but worth the effort.

Town Info

While they have become ubiquitous with the emergence of suburban neighborhoods and townhouses, homeowners associations (HOA, for short) are a relatively new phenomenon.

In modern America, there are many ways to live: apartments, condominiums, houses, townhouses, and now even “tiny houses” are gaining traction. But it wasn’t until the late 1900s that property owners began to experiment with alternative ways of living that revolved around share, “common spaces.”

What constitutes a common area?

Whether you live in an apartment, a house, or in your RV you likely experience common areas every day that are owned by the government. Roads, bridges, and parks are all common areas in that they are used by multiple people and their upkeep is paid for with taxes.

If you take that analogy and apply it to the greenways and lobbies of a condominium, or the streets and sidewalks of a gated community, there are few differences.

What is a homeowners association?

When a developer plans a new community they will often create a homeowners association that will be managed by the people who move into the houses or condominiums. Once a certain number of people have moved into the development and joined the HOA the developer will typically hand over ownership to the HOA and relinquish their legal rights and responsibilities of the land. From there, the HOA typically has complete control over management. Though it should be noted that states have their own HOA related laws with varying levels of oversight.

What does an HOA do?

The most common thing we associate with HOAs is fees and rules. People who move into a community governed by a homeowners association are typically required to join the HOA and are therefore obligated to pay fees and adhere to the guidelines set down by the HOA board.

The fees you pay will go towards maintenance and development of the common areas of your community. That usually amounts to landscaping, maintaining pools and fitness complexes. Fees can range from anywhere between $200 and $450 per month depending on where you live.

HOAs also enforce regulations that homeowners must follow. These vary depending on the community but often include building restrictions for things like fences and additions, as well as other ways that homeowners can customize their homes such as paint and vinyl color. Some homeowners associations go so far as to regulate whether or not a homeowner may fly the flag on their favorite sports team over their door.

Advantages and disadvantages

So what are the advantages and disadvantages you can expect when you belong to a homeowners association? Let’s start with the clear disadvantages. If you are a tinkerer or someone who relishes the freedom to do what they want with their property, living in an HOA-run community might not be right for you. If your salary isn’t quite what you’d like it to be, the cost of living in an HOA neighborhood, along with the monthly fees, might be a bit more than you’re comfortable with.

What about the advantages? First, you can expect that the neighborhood will be well-maintained. This brings about another advantage in that you can expect your property value to grow or at least remain stable thanks to the quality of the neighborhood being carefully managed.